DC Thomson will "deliver a wide range of projects including digital
preservation, records search, technological development and the
means to allow family historians to share their discoveries." No
additional specifics are being offered about the projects.

DC Thomson, in turn, received access to more than 13 million
records from FamilySearch.org, including major collections of
births, marriages and deaths covering America, Australia and
Ireland. Those records have already launched on findmypast.com.
About 600 additional collections containing millions of records will
follow. Those records will continue to be accessible free at
FamilySearch.org.

The organizations have previously collaborated on digitization and
indexing projects including the 1940 census and British army
service records.

As has become FamilySearch's practice with such announcements, the
organization has posted an FAQ here. (Question #2 makes it sound a
little like findmypast records are launching on FamilySearch, which
is the opposite of what's happening.)